.
MergerLinks Header Logo

Announced

CACEIS to acquire RBC Investor Services operations in Europe from Royal Bank of Canada.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Diversified Financials

Private

Majority

financial services

United Kingdom

Single Bidder

Acquisition

Pending

Cross Border

Friendly

Synopsis

Edit

CACEIS, an asset servicing banking group of Crédit Agricole and Santander, agreed to acquire RBC Investor Services operations in Europe from Royal Bank of Canada, a financial services company. Financial terms are not disclosed. "This combination with RBC Investor Services helps us consolidate our position as a leading European player in asset servicing. We are enhancing our leadership across a range of services, increasing our position in a number of key markets, growing relationships with global asset managers, and increasing our capabilities and scale. Additionally, the staff from RBC Investor Services will bring their expert knowledge of the servicing needs of international investor clients and distribution services," Jean-François Abadie, CACEIS CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US